£218,188
This estimated value is based upon the latest sale price for the house of £72,500 on 12 Apr 2002. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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Price Paid | Date |
---|---|
£72,500 | 12 Apr 2002 |
£42,000 | 27 Feb 1998 |
Terraced |
Freehold |
Floor Area: 38 sq meters or 419 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in April 2002 the House Price Index for SUFFOLK was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £72,500 results in an estimated price of approximately £218,188.
12 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 149.7 | 200.950 % | £72,500 | £145,688 | £218,188 |
The Postcode Pricing Model uses changes in average sales price within the IP33 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 169.515 % | £122,898 | £195,398 |
3 Month Average | 143.236 % | £103,845 | £176,345 |
6 Month Average | 169.145 % | £122,629 | £195,129 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £132,028 | £130,000 | 9 TANNERY DRIVE |
15 Dec 2023 | £299,194 | £290,000 | 27 ROCKINGHAM ROAD |
4 Apr 2023 | £249,670 | £245,000 | 33 TANNERY DRIVE |
23 Feb 2023 | £179,197 | £178,000 | 30 TANNERY DRIVE |
31 Jan 2023 | £162,935 | £162,500 | 76 ROCKINGHAM ROAD |
This house has a floor area of 38 sq meters or 419 sq feet when measured on 20 Jul 2009. Using an estimated price of £218,189 means this house is valued at £5,604 per sq meter (£520 per sq foot).
The average size of a house on TANNERY DRIVE is 63 sq meters (684 sq feet).
This house is the smallest in the street with a floor area of 38 sq meters (419 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rockingham Road |
Jul 2024 | Drugs | Local resolution | On or near Southgate Street |
May 2024 | Public order | Unable to prosecute suspect | On or near Southgate Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Baker'S Lane |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Theatre/Concert Hall |